In the Margins
U.S. companies are paying out dividends at near record levels; with earnings relatively weak, dividend payout ratios have crept higher over the last five years. S&P 500 companies have paid out 37.5% of their earnings in dividends over the past 12 months, just a fraction below the 38.1% recorded in 2009, when earnings were plunging during the depths of the financial crisis. Read the original story from The Wall Street Journal.
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